XML 96 R15.htm IDEA: XBRL DOCUMENT v2.4.0.6
OTHER INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2012
OTHER INTANGIBLE ASSETS [Abstract]  
OTHER INTANGIBLE ASSETS

(8)       OTHER INTANGIBLE ASSETS

Other intangible assets which are included in Other long-term assets in the accompanying Consolidated Balance Sheets consisted of the following (amounts in thousands):

   December 31, 2011  Amortization and Impairment  Acquisitions or Disposals  Effect of Foreign Currency  December 31, 2012
Customer relationships, gross$ 26,753 $ -    19,390   28 $ 46,171
Customer relationships -               
 accumulated amortization  (5,951)   (3,015)   -    378   (8,588)
Other intangible assets, gross  2,600   -    5,300   121   8,021
Other intangible assets -               
 accumulated amortization  (1,225)   (718)   -    -    (1,943)
Trade name - indefinite life  11,500   (1,800)   1,100   -    10,800
 Other intangible assets, net$ 33,677 $ (5,533) $ 25,790 $ 527 $ 54,461
                
   December 31, 2010  Amortization and Impairment  Acquisitions or Disposals  Effect of Foreign Currency  December 31, 2011
Customer relationships, gross$ 16,600 $ -  $ 11,700 $ (1,547) $ 26,753
Customer relationships -               
 accumulated amortization  (3,371)   (2,318)   -    (262)   (5,951)
Other intangible assets, gross  -    -    2,600   -    2,600
Other intangible assets -               
 accumulated amortization  -    (1,225)   -    -    (1,225)
Trade name - indefinite life  8,200   -    3,300   -    11,500
 Other intangible assets, net$ 21,429 $ (3,543) $ 17,600 $ (1,809) $ 33,677
                

Customer relationships are being amortized over a weighted average useful life of 9.7 years and other intangible assets are being amortized over a weighted average useful life of 3.4 years. Amortization expense related to intangible assets was $3.7 million, $3.5 million and $0.8 million for the years ended December 31, 2012, 2011 and 2010, respectively.

Expected future amortization of other intangible assets as of December 31, 2012 is as follows (amounts in thousands):

2013 $ 6,925
2014   6,495
2015   6,001
2016   5,636
2017   4,499
Thereafter   14,105
 Total $ 43,661